42%

OF STARTUPS FAIL DUE TO 'NO MARKET NEED'

They didn't have a business. They had a product nobody wanted. No Product-Market-Fit (PMF)

You can't raise money without PMF. You can't get customers without PMF.

Without PMF, you have NOTHING.

MARKET·PRODUCT·FIT. THE SINGLE MOST IMPORTANT PRODUCT EVERY STARTUP NEEDS.

THE AI PARADOX

PRODUCT = COMMODITIZED

  • >AI coding assistants (Cursor, Claude)
  • >No-code platforms
  • >Copy-paste LLM outputs

DISTRIBUTION = LOCKED DOOR

  • >Manual discovery
  • >Intuition-based guesswork
  • >Most get ZERO channels working

AI made building easy. Distribution is the locked door. You need the key.

THE FIRST PRODUCT EVERY STARTUP NEEDS

Not after the MVP. Not after the prototype. Before a single line of code is written.

INVESTORS

Ask: "Have you validated market need?"

No PMF = No funding

CUSTOMERS

Ask: "Does this solve my actual problem?"

Wrong product = No sales

ENGINEERS

Ask: "What are we building?"

No validated need = Wasted resources

THE TRUTH:

You don't have a business without this. You have a product idea (unvalidated), assumptions (untested), and hope (not a strategy).

42% die because they build before they validate.

THIEL'S LAW & THE CONTRARIAN TRUTH

"Most businesses get zero distribution channels to work: poor sales rather than bad product is the most common cause of failure."

— Peter Thiel, Zero to One

What important truth do very few people agree with you on?"

THE OLD WAY - The Trap

Build ProductTry to find MarketFAIL

THE INVERSION - The Secret

MARKETDiscover NeedBuild Product

ANSWERING THE SEVEN QUESTIONS

MPF answers FOUR of the seven critical questions every startup must answer to be successful

1ENGINEERING (Product)
2TIMING MPF Answers: "Is now the right time?"
3MONOPOLY MPF Answers: "Big share of small market?"
4PEOPLE (Team)
5DISTRIBUTION MPF Answers: "Can you deliver your product?"
6DURABILITY (Partial)
7SECRET MPF Answers: "Unique opportunity others miss?"

MPF solves the 4 market-facing questions that determine if your distribution will work. Without these answers, you are flying blind.

THE AI TRAP: WHY SPEED KILLS

THE TRAP

Skip Discovery Build Prototype (1 Day)Polish (2 Months)Launch to CricketsJOIN THE 42%

THE HIDDEN COST: A typical startup burns $460k in year one. Skipping discovery doesn't save time—it wastes runway building the wrong thing.

THE MPF SOLUTION

Systematic Discovery (3 Weeks)Find the TruthBuild the Right Thing (6 Months)SUCCESS

THE TEAM

Founder + 9-agent expert system. Click any card for details.

Tech Stack: Reasoning Models | Voice | Multimodal | Advanced RAG

DELIVERABLES

From vague assumptions to validated specifics

MONOPOLY

Target Market

BEFORE"We target SMBs"
AFTERSpecific segment with quantified pain

DISTRIBUTION

Go-to-Market

BEFORE"Try multiple channels"
AFTERValidated channel with conversion data

SECRET

Value Proposition

BEFORE"AI-powered solution"
AFTERUnique insight competitors miss

TIMING

Market Readiness

BEFORE"Launch when ready"
AFTEREvidence of active demand now

Investors, customers, and engineers need these specific answers. MPF helps you find them.

THEY SELL TO MICROSOFT.

WE SELL TO THE NEXT MICROSOFT.

$120M+ raised in 18 months validates AI interviews work at enterprise scale.

CompanyFundingCustomersFocus
Listen Labs$96.6MSequoiaMicrosoft, Sweetgreen, RobinhoodFortune 500 research
Strella$18MBessemerAmazon, Duolingo, ChobaniEnterprise product
Conveo$5.8MYC W24Unilever, P&G, Google, SanofiGlobal marketing

WHAT THEY DO

  • Execute AI-moderated interviews at scale
  • Analyze and synthesize qualitative data
  • Generate reports and highlight reels

WHAT THEY DON'T DO

  • Strategic market selection
  • Distribution channel discovery
  • Answer Thiel's 7 questions
  • Tell you WHICH market to research

Enterprise validation = Startup de-risking.
Microsoft pays $100K+ for systematic discovery. You pay $5K for the same methodology.

THE MARKET

50 Million

new startups per year globally

150 Million

operating startups worldwide

42%

fail due to "no market need"

Sources: DemandSage, CB Insights, Limelight Digital

Our Focus

TAM: Software/tech startups

32% of 50M = 16M/year

Source: Embroker

Initial Market: US tech founders

US: 5.2M new business applications/year

US: 1.31M operating startups

Source: Commerce Institute, DemandSage

SOM Year 3

2,000 subscribers

$3.6M ARR at $150 ARPU

~0.15% of US operating startups

WHO NEEDS THIS FIRST?

PRODUCT-LED FOUNDERS

REALITY: Can code, but can't get customers.

THE FIX: Don't buy AWS credits first. Buy MPF.
Build it → Survive.

GTM SPECIALISTS

REALITY: Manual discovery is slow (4 clients/year).

THE FIX: Run 50 discoveries/year. Scale from consultant to high-volume agency.

THE NUMBERS:

78% of startups are self-funded. They can't afford a $150k GTM hire.

MPF gives them systematic discovery for $99-299/mo.

REVENUE MODEL

[FREE]

$0
/month
  • 100 text messages
  • 1 AI agent
Popular

[LIFESTYLE]

$99
/month
  • 600 voice minutes
  • Unlimited agents
  • 10 knowledge docs

[UNICORN]

$299
/month
  • 2,500 voice minutes
  • Optional local deployment
  • Unlimited knowledge

Video Avatar Add-On

For Lab Assistant interview sessions with video presence:

  • LIFESTYLE: +$60/mo (120 min)
  • UNICORN: +$150/mo (500 min)

Unit Costs & Overage

Our Costs

  • Voice: $0.10/min
  • Video: +$0.20/min

Overage (at bundle rate)

  • LIFESTYLE: $0.17/min voice, $0.50/min video
  • UNICORN: $0.12/min voice, $0.30/min video

Gross Margin Range (50-100% utilization)

TierRevenueCost RangeMargin Range
LIFESTYLE$99$30–$6039–70%
LIFESTYLE + Video$159$42–$8447–74%
UNICORN$299$125–$25016–58%
UNICORN + Video$449$175–$35022–61%

Blended ARPU ~$150/mo | Expected lifetime 6 months | LTV ~$900 | Target CAC <$180

WHY NOW

Three forces converging in 2025

1. AI MATURITY

Reasoning models can now conduct nuanced customer interviews and synthesize patterns across conversations.

Voice AI costs dropped 90% since 2023

2. FOUNDER PAIN

AI coding tools mean more founders can build. But 42% still fail from "no market need" - the rate hasn't improved.

78% self-funded, can't afford GTM hires

3. NO SOLUTION EXISTS

Discovery is still manual: expensive hires / consultants or DIY guesswork. No systematic, affordable alternative.

$150k GTM hire vs $99-299/mo

The Thesis

"Poor sales rather than bad product is the most common cause of failure." — Peter Thiel

But sales fail when you're selling the wrong thing to the wrong people. Discovery comes first. MPF systematizes what founders skip, using AI that finally makes it affordable.

THE ASK: $500K SEED / 18 MONTHS RUNWAY

Allocation

50% Product/Engineering
35% Go-To-Market
15% Ops
(Scale agents, PLG flow)
(MPF on MPF, First 1,000 subs)

Month 6

200 subs

$360k ARR, validated segment.

Month 12

800 subs

$1.4M ARR, validated channels.

Month 18

2,000 subs

$3.6M ARR, Series A ready.

Target: ~0.15% of 1.31M US operating startups

THE WINDOW IS OPEN (18-24 MONTHS)

TIMELINE

2023: Coding commoditised.

2024: Founders build fast and die fast.

NOW: Specialist AI (Reasoning/Voice) makes MPF possible.

CONTACT

Joel Smalley, Solo Technical Founder

investors@marketproduct.fit
"DISTRIBUTION EATS ENGINEERING FOR BREAKFAST."